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Impact Investment Exchange Asia (“IIX”), a leader in social development through impact investment, Shujog, IIX’s not-for-profit sister organization, and KKR, a leading global investment firm, successfully completed their second social enterprise technical assistance project with Glovax Biotech.

Impact Investment Exchange Asia (“IIX”), a leader in social development through impact investment, Shujog, IIX’s not-for-profit sister organization, and KKR, a leading global investment firm, successfully completed their second social enterprise technical assistance project with Glovax Biotech. Glovax is a fully integrated vaccine company in the Philippines that imports, distributes, and retails vaccines at affordable rates to low-to-middle-income Filipinos.

Impact Investment Exchange Asia (“IIX”), a leader in social development through impact investment, Shujog, IIX’s not-for-profit sister organization, and KKR, a leading global investment firm, successfully completed their second social enterprise technical assistance project with Glovax Biotech.

IIX (Impact Investment Exchange Asia) is pleased to announce that 4 Social Enterprises (SEs) have been selected for its Philippines-based Impact Accelerator™. Impact Accelerator is an intensive acceleration program that targets early-stage SEs with high potential for growth and scalability.

Impact Investment Exchange Asia (IIX), a Singapore-based organisation, has chosen four social enterprises (SEs) in the Philippines to participate in its Impact Accelerator program. Launched in October 2014, Impact Accelerator is an intensive acceleration program that targets early-stage SEs with high potential for growth and scalability.

Growing up as a daughter of a high ranking civil servant in Bangladesh, I have distinct memories of my father’s trip to Paris every year in the 1980s. To me it was exciting — Papa was seeing Paris — the most romantic city in the world. To him it was a dreaded trip because it was Donor Consortium that brought him to France to beg for donor money for Bangladesh.

The time has come to look at “social enterprises”—a form of capitalism that includes social and environmental objectives in addition to the profit motive.

More than a century ago, Henry Ford asserted that “a business that makes nothing but money is a poor business.” The world is now overrun by such “poor businesses.” The heedless pursuit of financial gains may produce happy management teams and shareholders, but it also results in an unhappy planet for businesses to operate in. The solution is not for these businesses to give some money to charity, or to get employees to play “builder” or “teacher” for a day as part of so-called “corporate social responsibility” initiatives. The solution is much more complex and requires a radical shift in business practices.

Arjuni International Ltd, a Phnom Penh-based social enterprise, has secured investment capital from ICCO Investment in a bid to expand its business to meet consumer demand and deepen the impact it has on its beneficiaries across Cambodia.